If I withdraw from studies, how will it affect my OSAP funding?

Students must maintain satisfactory academic progress. That means OSAP recipients are required to successfully complete the academic requirements of their program to continue to be eligible for OSAP. 

Frequent or multiple program switches, drops, withdrawals and/or repeats of programs that are funded by OSAP may be considered lack of academic progress and direction.  

These are some of the consequences to withdrawing from full-time studies while on OSAP:

  • Your loans will become repayable 6 months after you withdraw from full-time studies.
  • Some of your OSAP grants may be converted to repayable loans.
  • An overpayment will be created due to a reassessment of your OSAP entitlement as a result of your withdrawal.
  • There will be an OSAP academic probation or restriction placed on your file because you did not maintain full-time standing during your OSAP funded study period.